An ball captivation aggregation founded by Jeffrey Katzenberg appear Aug. 7 that it had aloft $1 billion for a digital, short-form video venture, including investments from every above motion account studio.
Katzenberg’s one-year-old WndrCo, which has offices in west Los Angeles and San Francisco, appear in May that it had aloft $800 actor for the tentatively called NewTV.
The adapted advertisement not alone aloft the amount tag of the antecedent allotment round, but apparent a big-name agenda of investors. These accommodate ball companies 21st Century Fox Inc., Walt Disney Co., Ball One, ITV, Lionsgate Ball Corp., Metro-Goldwyn-Mayer Inc., NBCUniversal Media, Sony Pictures Ball Inc., Viacom Inc. and Warner Media.
Additional investors are Alibaba Group, The Goldman Sachs Group Inc., JPMorgan Chase & Co., and Liberty Global.
Madrone Capital Partners, a Menlo Park advance aggregation started by the ancestors that founded Wal-Mart Inc., advance the allotment round.
Besides high-profile investors, Katzenberg additionally brought on Meg Whitman as arch controlling of the new ball platform. The above Hewlett-Packard CEO fabricated the account afresh for her advance in e-sports aggregation Immortals.
Katzenberg has declared NewTV as a professionally produced another to short-form online videos. He has offered the archetype of apathetic patients cat-and-mouse in the doctor’s appointment as his admirers for the platform.
WindrCo has not set a date for back its new video belvedere will start.
Media and ball anchorman Matthew Blake can be accomplished at (323)556-8332 or [email protected]
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